Monster Beverage CEO's $13.5 Million Sale

Rodney Sacks sold 200,000 shares of the energy-drink firm.

Two Monster Beverage insiders, including the longstanding top executive, sold 400,000 shares for $26,958,331 on Jan. 3 through preset trading arrangements as the stock traded to highs not seen in a year and a half.

Chief Executive and Chairman Rodney C. Sacks sold 200,000 shares of Monster (ticker: MNST) for $13,478,289 through a 10b5-1 selling plan. Sacks now holds 1,192,558 shares directly, a stake of less than 1%. He also owns 13,455,868 shares through entities including limited partnerships. Sacks' most-recent previous...